avatar

Tether Claims Zero Exposure to Genesis

Tether released a statement, saying that it has no exposure to Genesis or Gemini Earn.

Earlier today, crypto lending institution Genesis Global Capital announced it had suspended redemptions and new loan originations. As the lending partner of Genesis, Gemini said its Earn program "will not be able to meet customer redemptions within the service-level agreement of five business days".

Source

Tether

USDT

In This Article

Related News
USDC closes in on $61 billion as institutional demand outpaces USDT growth USDC closes in on $61 billion as institutional demand outpaces USDT growth
TON connects to Tether’s USDt ecosystem with LayerZero integration TON connects to Tether’s USDt ecosystem with LayerZero integration
Tether to make $775 million 'strategic investment' in Rumble, shares rally 44.6% Tether to make $775 million 'strategic investment' in Rumble, shares rally 44.6%
Tether expands USDT stablecoin to Aptos blockchain Tether expands USDT stablecoin to Aptos blockchain
Elliptic alleges money laundering and other crimes linked to multi-billion dollar marketplace Huione Guarantee Elliptic alleges money laundering and other crimes linked to multi-billion dollar marketplace Huione Guarantee
Latest News More More
1 Day Ago Kraken launches forex perpetual futures with up to 20x leverage
1 Day Ago Bybit CEO says nearly 28% of $1.4 billion hacked crypto 'gone dark,' moved to P2P and OTC
4 Days Ago Eliza Labs unveils auto.fun, a no-code AI agent launchpad with 'fairer than fair' token model
4 Days Ago Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group
5 Days Ago Base scrutinized over promotion of token that briefly crashed 95%; says part of 'contentcoin' vision

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open